Stocks

Bloomberg Cboe Global Markets Inc. is looking to shake up stock-market pricing when it starts handling shares of Polish, Hungarian and Czech companies next month in a move breaking up near-monopolies among eastern Europe’s largest exchanges. Cboe, the largest share-trading platform in western Europe since the acquisition of Bats Global Markets in 2017, has been meeting local brokerages in the …

Bloomberg Surging profits, a humming economy, lower Treasury rates. The things that used to rev up the stock market are no longer able to get its motor running. Suddenly it seems like everything is a headwind. The Federal Reserve is raising rates. Cost pressures are percolating. Valuations are under siege and a decade-long bull market is at stake. Rather than …

Bloomberg The optimism sweeping Brazil’s stock market has reached nose-bleed levels. Analysts are predicting massive gains over the next 12 months on the back of Jair Bolsonaro’s likely win in this weekend’s presidential runoff, saying that he could send stocks to unprecedented highs if he aggressively pursues measures to shore up government finances. The right-wing lawmaker and his economic adviser, …

Bloomberg The sell-off in US stocks picked up steam as mixed corporate earnings and weak housing data fueled anxiety that rising prices will crimp economic growth. Treasuries rallied for a second day on demand for haven assets. The S&P 500 Index extended its October rout to 7 percent, with the intraday low of 2,711 set during the Oct 11 drubbing …

Bloomberg The good news: European shares are heading for their first day of gains in six sessions, partly due to a jump in luxury stocks after another stellar sales report from the owner of Gucci. The bad news: It might not last. US stocks rallied after Europe’s equities markets closed, though now futures are pointing to another day of declines …

Bloomberg Tech shares pushed the Nasdaq Composite Index higher, while the broader US equity market was mostly little changed in the wake of a rally in Asian stocks after Chinese officials pledged to support the world’s second-biggest economy. The dollar strengthened, while the pound slumped and Italian bonds gave back most of their gains. In China, the Shanghai Composite Index …

Bloomberg There’s a lot of chatter about a global rotation into value stocks, but the data doesn’t quite back it up. During this month’s market sell-off, the MSCI World Value Index outperformed growth stocks, fueling speculation about a switch into cheaper equities. Yet EPFR Global’s fund flow data show that in the week that ended October 17, which included the …

Bloomberg Package maker Sealed Air Corp fell the most in six months after saying higher raw material costs would crimp the bottom line. A few days earlier it was rising freight outlays at Fastenal Co., where $1.1 billion of market value was erased. On October 9, paint maker PPG Industries Inc. mentioned rising expenses. The shares cratered. From railroads to …

Bloomberg Biotechnology stocks have helped lead the market lower recently, but investors still appear eager to dabble in some of the industry’s riskiest prospects. Since hitting a 52-week high on October 1, the Nasdaq Biotechnology Index, the broadest gauge of the industry’s performance, has fallen more than 6.5 percent. Fears that higher interest rates and heightened global trade tensions could …

Bloomberg US stocks fell as the week’s second big serving of corporate earnings did much less to reassure bulls than the previous day’s almost uniformly strong reports. The dollar and Treasuries rose. The S&P 500 Index slid back below 2,800, heading for a second loss in three days. IBM’s disappointing results dragged the Dow Jones Industrial Average lower by more …